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November 11, 2022 UPDATE:  The Federal Student Loan Debt Relief Program has been blocked by a federal judge.  The Department of Education is no longer taking applications as of today.

On August 24, 2022, President Biden announced federal student loan forgiveness plans of up to $20,000 for prior Pell Grant recipients and up to $10,000 for all other loan borrowers. To be eligible, the borrower’s annual income must be below $125,000 for individual tax filers or $250,000  for those who filed jointly or as head of household.

The Federal Student Loan Debt Relief Application is now live on the Department of Education website: https://studentaid.gov/debt-relief/application. For those borrowers who cannot apply online, ED plans on making a paper version of the form available soon. The online application will remain open through December 31, 2023, but borrowers are encouraged to apply by mid-November 2022 to receive relief before the repayment pause until no later than June 30, 2023. Borrowers can view their loan balances and check whether they received a Pell Grant by logging into their Federal Student Aid account online at studentaid.gov.

It is our understanding the loan forgiveness plan applies to federal student loans disbursed prior to July 1, 2022. Please visit studentaid.gov/debt-relief-announcement/ for the most up-to-date information.

In addition to the loan forgiveness plans, a final pause of federal student loan repayments was announced to be no later than June 30, 2023.

The Student Emergency Fund application at the University of Utah is available to help students apply for financial assistance and is intended to help minimize an unforeseen financial barrier that may arise from emergency situations. Funding is limited and awarded amounts will vary as it depends on students’ individual financial need and cost of attendance. Availability is subject to other federal, state, and institutional aid awarded. Generally, applicants should accept all other sources of funding, including their federal aid, before applying. Students must be enrolled for the Fall 2022 semester and may only apply for emergency funding once per semester. 

To apply please click the following: https://utah.academicworks.com/opportunities/32398

The University of Utah is no longer accepting applications for new Income Share Agreement (ISA) contracts. ISA information provided on our website is for historical and informational purposes only. If you are a current or past ISA recipient and have questions, please contact the University Office of Scholarships and Financial Aid.

The Department of Education is discontinuing the myStudentAid mobile app on June 30, 2022. Visit studentaid.gov to complete the FAFSA or access your Federal Student Aid account.

 

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Upcoming Dates & Deadlines

23/24 General Scholarship Application opens: September 2022
Last day to add/drop Fall 2022 courses: September 2, 2022
Fall 2022 tuition deadline: September 2, 2022
23/24 FAFSA opens: October 1, 2022
Last day to withdraw from fall courses: October 21, 2022

 



 



 

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Last Updated: 11/22/22